GOOD MORNING PRE MARKET REPORT Domestic markets went up on Monday, buoyed by strong global cues ahead of Trump’s swearing-in ceremony and a sharp rally in Kotak Mahindra Bank and Wipro. Analysts expect the market to trade within a broad range and stock/sector specific action to continue as the Q3 result season is picking up pace. Tech View: Nifty appears to be gathering momentum for an upward move. The RSI on the hourly chart has rebounded from lower levels, showing a positive divergence that further strengthens the bullish outlook. • India VIX: India VIX, which is a measure of the fear in the markets, rose 4.24% to settle at 16.42 levels. FII/DII action Foreign portfolio investors turned net sellers at Rs 4,336 crore on Monday. DIIs bought shares worth Rs 4,321 crore. Rupee The rupee appreciated 5 paise to close at 86.55 (provisional) against the US dollar on Monday, as an overnight decline in crude oil prices and the US dollar index supported investor sentiments. FII data The net short of FIIs increased from Rs 3.26 lakh crore on Friday to Rs 3.33 lakh crore on Monday.